Silver Standard Announces Voting Results

VANCOUVER, May 19, 2016 /CNW/ - Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that each of the 7 nominees listed in the management proxy circular for the 2016 Annual and Special Meeting of Shareholders were elected as directors of Silver Standard at the Annual Meeting held in Vancouver on Wednesday, May 18, 2016. Detailed results of the vote for the election of directors are set out below:


Votes For

% For

Votes Against

% Against

Number of Directors

49,143,087

99.24%

377,534

0.76%






Nominee Name

Votes For

% For

Votes Withheld

% Withheld

A.E. Michael Anglin

32,133,798

98.69%

427,924

1.31%

Paul Benson

32,215,256

98.94%

346,466

1.06%

Gustavo A. Herrero

32,174,214

98.81%

387,508

1.19%

Beverlee F. Park

32,214,677

98.93%

347,045

1.07%

Richard D. Paterson

32,139,266

98.70%

422,456

1.30%

Steven P. Reid

32,223,622

98.96%

338,100

1.04%

Peter W. Tomsett

32,151,738

98.74%

409,984

1.26%

 

At the Annual and Special Meeting, the shareholders of Silver Standard also approved: (i) the appointment of the auditors and authorized the directors to set the auditor's remuneration; (ii) a non-binding advisory resolution accepting Silver Standard's approach to executive compensation; and (iii) a resolution approving the issuance of such number of common shares of Silver Standard as may be required in order for Silver Standard to acquire all of the issued and outstanding shares of Claude Resources Inc., in accordance with the arrangement agreement dated March 7, 2016, as amended by an amending agreement dated March 30, 2016 (the "Share Issuance Resolution"). The voting results on each resolution are set out below:


Votes For

% For

Votes Withheld

% Withheld

Appointment of Auditor

49,153,613

99.26%

367,010

0.74%







Votes For

% For

Votes Against

% Against

Advisory Vote on Executive
Compensation

31,417,245

96.49%

1,144,476

3.51%

Share Issuance Resolution

30,419,287

93.42%

2,142,435

6.58%

 

For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Vancouver, BC
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com

To receive Silver Standard's news releases by e-mail, please register using the Silver Standard website at www.silverstandard.com.

SOURCE Silver Standard Resources Inc.

For further information: W. John DeCooman, Jr., Vice President, Business Development and Strategy, Silver Standard Resources Inc., Vancouver, BC, N.A. toll-free: +1 (888) 338-0046, All others: +1 (604) 689-3846, E-Mail: invest@silverstandard.com

RELATED LINKS
www.silverstandard.com

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